radha_23

NIFTY DAILY - 28/3/2024

NSE:NIFTY   Nifty 50 Index
Another gap up opening of Index and highly volatile session, Index has made days high that is 22516 level, there was profit booking in last hours of trading.

Third green body shaven bottom candle is formed on daily chart, which indicates todays open and low are same and buyers were buying from starting of the day.

Formation of last three candles are higher highs higher lows.

MACD is on an urge of Crossover. Candle is above 9 days Moving Average line on daily chart.

Today’s closing was below 22381 level so this will work as resistance with support of 22145 level.

Today’s Advance Decline ratio of NIFTY50
Advance - 45
Decline - 5

FII Buy + 188.31 crore
DII Buy + 2619.52 crore.

⚠️ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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